NZDUSD might provide a short opportunity if bear cypher pattern completes.
I say "might" because still long path for cypher completion.
If it completes, it will do it at a interesting support level .
Another positive point on this is that price action in H4 is bearish , so this cypher will be with trend
Entry @ 0.7710
SL @ 0.7868
TP1 @ 0.7713
TP2 @ 0.7665
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If you like it, check: http://www.facebook.com/pages/Rafael-Rodriguez-FX-Trader/263116237208086
We have to build a plan and follow it strictly and consistently
Regards
Rafael
I say "might" because still long path for cypher completion.
If it completes, it will do it at a interesting support level .
Another positive point on this is that price action in H4 is bearish , so this cypher will be with trend
Entry @ 0.7710
SL @ 0.7868
TP1 @ 0.7713
TP2 @ 0.7665
---------------------------------------------
If you like it, check: http://www.facebook.com/pages/Rafael-Rodriguez-FX-Trader/263116237208086
We have to build a plan and follow it strictly and consistently
Regards
Rafael
rafo05
Sorry, I draw wrongly SL, but on description is ok (SL @ 0.7868)
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